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at 9:15, the impact of new leadership in china on u.s. relations. president obama traveling in parts of asia. we will have those segments, plus, we will take a look at the papers and take your phone calls as well "washington journal ."shington, we will see you then. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> next, a discussion on the future of u.s. diplomacy. after that, a forum on the effectiveness of al-qaeda in yemen. >> a former state department officials from the obama and george w. bush administration's discuss public diplomacy in a tough budget in vermont. the discuss the effectiveness of student exchange programs and government-backed broadcasting outlets, like "voice of america." the george washington school of international affairs hosted this event tuesday. this is an hour and 45 minutes. >> that is public diplomacy in action. [laughter] i'm a professor here at gw and the director of the institute for public policy and global communication. you can find us on twitter @ip dgc. we're also on fa
in the state of new york. the storm that hit the u.s. northeast put some polling stations out of commission. the governor is relaxing the rules so voters won't be shut out. andrew cuomo issued an executive order allowing residents in areas affected by the storm to vote at any station. officials in neighboring new jersey are also making it easier for people to cast ballots. more than 60 polling stations in new york city are still unusable because of flooding or lack of electricity. workers have set up alternative sites. the voting process in manhattan and the city's other borrows has become more high-tech. they can mark paper ballots and insurt those into a scanner. it's the first time the system will be used in a u.s. presidential election. the results will start streaming in tuesday evening in united states. obama and romney will watch the returns come in from the respective home bases, chicago and boston. >>> obama arrived in his hometown early in the morning with the first lady. the latest polls suggest the president and his republican challenger mitt romney remain locked in a dead heat.
a possible recession if the deal on taxes is not reached. investors continued to worry if the u.s. will avoid the dreaded fiscal cliff, let's not point out the most previous minutes. plus retail cannot escape hurricane sandy. sending sales numbers down about 1%. a 4% rise in profits, jumping as much as 32% right now. staples looking good after having higher on all kinds of news. check out what else is soaring today. finally getting an earnings report that people like better-than-expected earnings after the bell yesterday, expected optimistic guidance. the chairman and ceo, 24 hours since those numbers came out, we will ask him if he investors should be expecting more numbers like today and what does he think about the fiscal cliff. what ideas does he have the president right now. and why we dropped 50 points farther from where we were already. down about 78 points, fell 122 down, now it does not look good. why? >> why? i thought maybe you would say something positive. i think we are just dealing with the aftermath of the election. this is not unexpected. it is the same old rhetoric, the same
>> hi, everyone. welcome to the "journal" coming to you live from dw in berlin. the u.s. president defies a fragile economy and high unemployment to win the election, telling the american people the best is yet to come. >> appeals from angela merkel to her european partners -- an end to the eurozone debt crisis will require more unity. >> and a parliamentary vote on another round of austerity cuts in greece. >> thanks for joining us. barack obama has won his second term in office as president of the united states, but his celebrations will be short-lived as the multitude of urgent issues on his desk draws him back to work without delay. >> the first order of business will be to negotiate a new budget deal in congress by the end of the year. otherwise, and harsh plan of spending cuts and tax increases are due to go into effect. we will hear more about that later on in the show, but first, a look back at how things play out on election night in the u.s. >> his face said it all -- president barack obama had to fight hard to keep his job in a tough race against his republican challenge
the if stuff here on on "worldwide exchange." >> but there are two of us. you're back. >> i'm back here. eyes are getting better. >> glasses are gone. >>> so on today's program, we'll bring you live updates from beijing as the chinese economy shows signs of improve. >>> and we'll head out to washington for a view on how the handover of power in china will impact relations in the u.s. >> we're in london to talk about shipping trends. >>> plus what will obama do about the looming fiscal cliff? we'll have plenty of analysis from commentators. >> and we'll hear first from the cfo of aliance. but first day two data suggested growth is picking up and inflation is moderating meaning beijing may have more scope to ease if necessary. ppi industrial output and retail sales all came in better than forecast. eunice joins us from beijing. i'd hate to suggest this is quite good timing for this data. very convenient. >> what are you suggesting? a lot of people are saying that the numbers are showing the economy is bottoming out and a lot of people do use the numbers as a guideline at least. they're saying t
under way across the u.s. as americans decide who will lead the country for the next four years. after vigorous campaigning right to the last minute and aggressive advertising that made it the most expensive campaign of all time, president barack obama and his challenger mitt romney both into the election day confident of victory. >> but most election polls say the race for the white house is too close to call, meaning the result will be decided in a small number of so-called swing states by florida, ohio, virginia, and new hampshire, which was the first to vote on the stroke of midnight. >> voting began early in this part of new hampshire. the first ballot such traditionally cast here at midnight, and after the first 10 were tallied, it was a drop -- draw. >> for president -- this has never happened before -- we have a tie. five votes each. >> of voting in dick's bill has never been a gauge for the rest of the nation, but this year, polls show the race is a dead heat -- voting in dixville has never been engaged for the rest of the nation. >> after all the months of campaigning, after
the battleground states that were so heavily fought over in the most expensive race in u.s. history. it was early this morning when the president appeared with his family, becoming the third consecutive two-term president we elected. not happening since the presidents jefferson, madison and monroe. president obama won both a decisive victory in both the electoral college. and here on the east, the nor'easter, a storm so fierce the governor of new jersey said it will move the state's recovery effort backward for a time. and here is a look at the skating rink we used as part of the coverage on election night. tonight, it is under a layer of swirling snow. back inside, we begin with what happened last night. the president's historic re-election to a second term. he is back on his way to the white house tonight, where kristen welker starts off the coverage. good evening. >> reporter: good evening, brian, after the grueling election, the president returns back to the white house. and with the economy limping back to health, the stakes could not be higher. the president headed back to washington where
>>> welcome to nhk world "newsline." the two leading candidates fighting to be u.s. president hardly have time to sleep or eat as they dart from state to state trying to solidify their support. the latest poll ahead of tuesday's vote suggests barack obama and his republican challenger mitt romney are almost tied. obama has 49% support. romney has 48%. the candidates dashed through key swing states over the weekend, including new hampshire. they are making their final arguments to voters. both campaigns are trying to lock in crucial electoral college votes. >> you know that i know what real change looks like, because i fought for it alongside you. i've got the scars to prove it. i've got the gray hair to show for it. >> romney hopscotched between the swing states of new hampshire, iowa, colorado and ohio. >> the question of this election comes down to this, you want four more years like the last four years or do you want real change? >> romney is also focusing on wisconsin, one toss-up state where obama is said to have a lead. and he is running more tv ads in pennsylvania, mich
speeches, fund-raisers, they're all over. now comes down to u.s. voters. more than 120 million are expected to show up at the polls. >> and european investors are holding off on big moves. equities just edging higher led by technology stocks. >> and adecco sees hiring picking up in america. >>> we're finally here, election day in the united states. before that, we have the latest pmis out of the eurozone. economy declined steepening going into the fourth quarter. the final services pmi lower than the flash. it was 46.2 was the flash. lowest since july 2009. that means the composite final pmi 45.7. the flash 45.8. french services pmi weakened, also. 46.2. so both those major parts of the eurozone economy -- >> and remember, this is a leading indicator. if you see europe doing any better next year, you have to start seeing at least this indicator bottoming. >> dollar just dipped down to its lowest point of the session on the back of that. and of course we've got in spain they're talking about the groth being much weaker than the government's forecast. >> even though their service might have b
>>> dememracy in america. voters in the u.s. decide who they think should lead the country. one man has spent the past four years reshaping how americans see their country and how america is seen around the world. u.s. president barack obama took the wheel of an economy that resisted efforts to write it. now voters are deciding whether to stick with him or whether his republican opponent mitt romney deserves the job. eyewitness news line will focus all day on the race for president. >>> millions of americans are still voting. millions are already making their choices and already we're getting some hints about who they chose. our partners at abc news project barack obama will capture 3 electoral votes and mitt romney 33. >>> let's take a look at the projections state by state. the states in blue are for obama. the runs in red for romney. romney in south carolina, indiana, and kentucky. the projections give obama 3 electoral votes and they hope the number adds up to 270 or more needed to win the election. obama and the first lady arrived at home in chicago. the president wrapped hip h
's shift to democracy in a first ever trip by a serving u.s. president to the country. but he cautions that his trip should not be seen as an endorsement of the country's sgoechlt. and oil futures hitting a two week high as international pressure mounts for a cease-fire in gaza. u.n. secretary general ban ki-moon is heading to cairo for emergency negotiations. good morning, welcome to the program packed full of fantastic guests to give you you updates and analysis on where we are in trade. if europe, higher by 0.8%. coming off the 3 1/2 month low that we saw in the close on friday, helped along by optimism on the negotiations to avoid a fiscal cliff state side. we saw quite a rally in the u.s. on friday's close and that is feeding through to europe here this morning. ftse 100 higher by 09%, xetra dax by more than 1% and ibex 35 more than half a percentage point. the bond markets, the question is whether or not we'll see a lid on on bond prices on treasuries especially if we manage to overt a fiscal cliff scenario, if we see productive talks continuing. right now we're seeing the yield
. job figures are out in the u.s. today at the battle for the white house goes to ohio and wisconsin. dozens of young men have been shocked by the military in northeastern nigeria. welcome to bbc world news. also, the world bank says burma and will get its first development plan. and, tackling the energy question. human rights groups have condemned a video posted on the internet which appears to show syrian rebels of executing captured government soldiers. amnesty international says if confirmed, it constitutes a war crime. we are asking whether this is something new. >> it has happened before. but now it is becoming more and more obvious that the rebels are committing killings like the regime, and at the same level, both of them. it is just days before a big conference in doha where the opposition is asked to unified under one group, in order to bid but to lead the rebels on the ground, because there's a big discrepancy between the political leadership and the rebels on the ground who are fighting, in their aspirations, in the way they are conducting their rebellion. >> are they out
rolls to re-election and a second term, defeating mitt romney despite a weak u.s. economy and persistently high unemployment. >> investors cheer obama's re-election. equities trading high led by autos and health care stocks. >> democrats keep their hold of the senate and republicans keep their control of the house. >> there will be a tough challenge facing the looming fiscal cliff. >>> a very good morning to you. it's been a long night, but we have a result. >> yes, we do. let's get right it to. president barack obama capturing a second term in the white house despite the struggling u.s. economy. he did manage to win many of the same states he took in 2008 and nearly all the critical swing states, including ohio, virginia, and colorado. speaking to supporters in chicago just a few hours ago, the president congratulated his republican challenger on the spirited race and said there's plenty of work ahead to fix the country's fiscal problems. >> i believe we can seize this future together, because we are not as divided as our politics suggest. we're not as cynical as the pund
, so whether the u.s. down there or italy and spain here in the periphery, 4.7%, 6%, remarkable there, level for spain even today as the country's banks are being more fully examined in light of the national examination plans. the dollar/yen pulling back about half a percent to 8167. let's get to deirdre bolton from singapore. hi, deirdre. >> hi, kelly, how are you? and it's morris, by the way. but i'm flattered that you call me bolton. in china and hong kong, it was all about, what else, the fiscal cliff. those comments from the senate majority leader harry reid overnight really sparked some jitters in this session today, so we have red across the board. the shanghai composite, it is well and truly below that 2011 level, shedding another .9 of a percent. the hang seng was feeling some of that pressure from chinese stocks and shedding .6 of a percent. it was the mainland banks that were the culprit. they didn't fare as badly if the mainland. some capital requirement rules are going to be implemented that are raising concerns about loans and the ability of these major banks to give out
at the manhattan institute. thank you for joining us. the question of whether and how government, particularly the federal government directs tax dollars to specific industries was a discussion in last night's presidential debate and has become an important and ongoing theme in the current presidential campaign. the terms by which washington assisted the finance and auto industries have been the focus of intense debate but the most contentious example of all is the one on which diana furchtgott-roth, senior fellow and speaker this afternoon focuses in her timely and important new book "regulating to disaster: how green jobs policies are damaging america's economy". in it, she subjects assumptions and policies which led to such ill-fated federal investments as that of the now bankrupt solyndra solar panel manufacturer as well as the a 123 caller battery manufacturer to a withering analysis which we at the institute have come to expect of the oxford trained economist whose chief of staff for the council of economic advisers. sorry. during the administration of president george w. bush. in her bo
to u.s. leaders negotiating over the so- called fiscal cliff about the serious financial impact looming on the horizon. that's where we begin this morning. how confident are you about the state of the u.s. economy? what steps are you taking to prepare for the potential impact if the u.s. goes off the fiscal cliff? give us a call this morning. you can also catch up with us on all your favorite social media sites, twitter or facebook. or e-mail us. thismorning to you on wednesday, november 21. we are talking about federal reserve chairman ben bernanke's comments yesterday about the fiscal cliff, and getting your thoughts on bthe u.s. economy. and this headline -- also, in the financial times -- to tell little bit more about ben bernanke's , and sister day we turn to david clarke of "politico," their financial services editor. thanks for joining us. guest: thanks for having me. host: what is making the most waves from his speech? guest: in the past he has warned that congress and the president's path to take care of the fiscal cliff. yesterday he said it is not simply doing it but how they
>>> these are your headlines. >> a tough start to a new month for equities as all through u.s. indexes snap a four month winning streak in the first day of trade after the market shut down. >> campaigning resumes as the northeast assesses the damage from super storm sandy. good and big earnings day for oil giants giants. shell sees a fall and exxonmobile due to report before the opening bell. >> growth recovery may be near. official october pmi bouncing back into expansion territory. >>> we're under way just one hour and an awful lot to to get to. >> new york city still struggling to right itself after monday's super storm. one stap he have the big apple will return, the mta will resume partial subway service on 14 lines. la guardia airport will also reopen at 7:00 a.m. with limited service. amtrak says it will try to restore service to penn station come friday. >> homes in bay ahead are seriously damaged or destroyed. president obama got a firsthand look with governor chris christie yesterday afternoon. >> and danielle lee joins us, she's in the town of toms river. and we kn
's losses. now, on the upside, we've got a stronger u.s. currency. the u.s. dollar muscling higher, finding firmer footing and hitting a two-month high against the euro today. but the price of oil in part because of the stronger dollar -- stronger dollar is lower. crude oil dropping today after the energy information administration reported a bigger than expected build in crude supplies. we get it every wednesday. that was of course for the last week, plus european central bank president's draghi negative comments about the euro zone economy, all of this weighing on oil. we see oil moving to the down side. speaking of europe, take a look at this video right now. came in a few minutes ago. more than 80,000 greek protesters outside of parliament turning violent ahead of the austerity vote to avoid financial disaster. we have had reports of fires burning, smoke as we're seeing the sun go down at this point, not going to be a good night there in greece. we are keeping our eye on that very fluid situation. protests, elections, hurricanes, nor'easters. okay, is lightning striking me here? we have
tengan is covering the congress. he joins us from beijing. james? >> reporter: gene, this process is carefully choreographed and controlled. chinese authorities are generally restrictive. but the bamboo curtain really comes down during the congress. that makes the job of jury roomism that much harder. still china's political transition is one of the biggest stories going right now. so despite the controls, no media organization wants to miss out. they got up early to get in line outside the great hall of the people. journalists from china and abroad, hundreds of them, all jockeying to get a better position for the opening of the communist party's congress. journalists from around the world have converged on beijing underlying the international community's keen interest on what direction china will take with the changeover in power. chinese government officials say more than 2,700 domestic and international journalists are covering the meeting. media are trying to find out something, anything about this secretive political process. it's not easy. >> it was really difficult to get t
: using compromise could be forced on president obama? charles: we will hear the term care can down the road. that will one be here over and over again. stuart: you are saying yes. mitt romney could compromise. you are saying obama may be forced to compromise. i see a stock-market rally in either scenario. >> spending is that 20% gdp and the president will work hard to keep it as high as he can. mitt romney will work to bring that into line because he recognizeds the more you spend in the public sector the less you have in the private sector. if you want private sector jobs you got to manage government spending. it is that historical highs. it is much better for the economy that we go to the other scenario. stuart: week romney we have seen in the last couple weeks in the debate, you have watched him. you may have been at some of his speeches. is that the guy you knew? >> absolutely. he is a sophisticated guy. doesn't lose his temper certainly not in public. he is working to figure out how to push the ball down the field. that is the mitt romney i see speaking to us. stuart: did he e
in this morning two-way end. -- two ways. you can tweet us or send an email. we invite you to check out our facebook page. the headlines for this meeting yesterday reflect the same type of town seen in the washington post this morning. a picture of president obama and john boehner. the upbeat tone was a dramatic shift from recent years when the president and a gop fortified by anti-government activists clashed repeatedly over spending and taxes. if he were to go to yesterday's new york times, they have a listening are at least pictures of the key leaders that will be involved in this process. to show you where they stand specifically on some issues, here is the president saying he will reject any bill that extends tax cuts for the wealthy. here is john boehner who has said raising tax rates is unacceptable and a new revenue should be generated by economic growth spurred by a simpler tax code and that closes loopholes and and deductions. there are some other leaders involved in this project. what do you think they will be able to do to keep the fiscal cliff from happening by the end of the y
soared on cyber monday. and all bets are off. prediction market entrade says it can no longer accept u.s. customers as market regulators say its trades aren't legal. shanghai composite closed below 2,000 for the first time in three years. it comes at a time when plenty have been talking up chinese growth prospects for next year. so we'll get into that more later. but 1991 is the closing level. this the main one to watch across asia. the nikkei did manage to continue it rally adding about 0.4% as the yen weakens on comments this morning. forex, the dollar-yen one to watch, 82.19 is the level there. the aussie dollar doing a little bit abouter despite that weak number on the shanghai composite. sterling is flat. we'll get into that more later. and euro-dollar just barely higher today, we did see it rallying over the 1.30 mark last night. as we look at crude rallying adding a third of a percent. brent about a quarter of a percent. copper, we're adding 0.2%. 354 bucks on that contract. the real foe you can as we continue to examine whether china's economy is fundamentally hanging in there, c
in the u.s. we'll head out to new york city later in the show for a preview of what to expect on wall street today. and more than 2,000 hand picked chinese delegates gathered at the great hall of the people to kick off the communist party week long transition. beijing will only officially reveal the next generation leaders thursday. hu jintao promised political and economic reform, but he stressed china won't abandon one party rule and will stick to the socialist path. eunice is live for us. this is his big final speech, so reading in sort of between the lines almost is very telling. it's the legacy he's trying to cath. and what less gassy is that? >> many here believe what he is saying is significant in that it is his final farewell. he really was just reading through the work report to talks about the achievements, the economic and political achievements that the party has had. and also to outline the future challenges. one of the first challenges you had already addressed is the issue of corruption. he said the government needed to do more to root it out. >> eunice, we're having tr
off the magnet. .. who are using undocumented workers. that will cut down the flow by about 90% of the border. that makes it possible to secure the border for those that are trying to come across for nefarious purposes for criminals enterprises. we can stop them at the border. then we say to those that are here in an undocumented status you are on probation paying a fine and this is to me what i find when i talk to people the most emotional issue in all of this is language. i find americans across the generations don't want us to have to sing the national anthem in two languages at the world series. they won the national anthem in english even if they were american. so they have to agree if they want to stay here permanently they have to agree to read, write and speak english. i find that among the undocumented workers they have no problem with this. they want to learn english. they understand that to live the american dream they have to learn to speak english. it's only liberals who inhabit college campuses and education departments who have a problem with english becoming the
before when the early voting numbers look good for us. >> you thought it long before the election. i know that. [laughter] >> but i was pretty sure -- >> how long? could he have one after the first debate or where the forces in motion? >> sure, absolutely he could have one. -- won. it was competitive the entire way. i think governor romney could have one up until the end. i always believe in the fundamental truth, we were building the best grass roots campaign in modern political history. we had the best candidate and the best message. >> in a way, the story of this election is the degree to which replicated the 2008 results. many people thought that 2008 was a once-in-a-lifetime result. you came very close to replicating it. i think the most fascinating statistic is african-americans in ohio, 11% of the electorate, 15% this time. you found 200,000 more african- american voters who turned out for you. mitt romney lost the state by 103,000. that was the election, right there. finding those extra african american voters. >> let me back up. we won this election because of barack obama. peopl
us from the business desk. >> we've been reporting for quite a while now on government leaders really trying to attempt to wrestle with their budgets along with international lenders and it looks like this latest effort is going to drag on until later this month. eurozone finance ministers have shelved a decision on another bailout for greece until november. they want an austerity deal with international lenders first. finance ministers from 17 countries held a telephone witness to discuss the bailout. they said greece has yet to reach agreement on specification austerity measures with its creditors. the creditors include the european union and international mown tear fund. the austerity measures are a precondition for fresh emergency loans to avoid a potential default. the finance ministers urged the greek government to reach a consensus on labor reforms. the ministers will again discuss the greek bailouts when they meet on november 12th. greece is taking that pressure from the eu seriously. the government there has submitted a revitdsed draft budget to parliament outlining yet more
here. the u.s. allegatielections and redskins lost. >> we will mention the redskins indicator, but it's true whether the u.s., china, greece, eurozone itself would make for a big week, but combine them all together, in fact it's no wonder that markets are a little unnerved. >> coming up today, plenty to get through. we're at singapore where hundyui shares are down. >> and here in london, uk pmi data will be out. the question whether it will follow an upward trend. >> and china preparing for the once in a decade political handover. we'll take a lower look at the new leadership. >> when the redskins win or lose, it has predicted the top winner since 1980. there has been a notable expossession of 1984. >> although gore did win the popular vote but not the electoral college. >> in 2000. >> that's right. >> the all-important football -- i should say american football indicator here. it points towards a romney victory. >> besides all that, plenty corporate news. hsbcs has set aside an additional $800 million in the third quarter to deal with the u.s. anti-money laundering probe. that brings
. >> the final campaign day for the u.s. president and his neck- and-neck rival. a last-minute scramble for votes. >> the syrian regime steps up its campaign of violence as the oposition struggles to unite. >> argentina is on a roll. citizens of buenos artists discovered the joys of riding a bicycle. >> they have been battling it out for the past 18 months. spent of billions of dollars of their campaigns and the still the polls show that the u.s. presidential election is too close to call. both presidential -- both president obama and his republican challenger on the final stance of the campaign, promising to get the country out of its economic slump. >> the election could come down to a handful of battle-ground states. making final pitches to u.s. voters. >> mitt romney began his last day of campaigning in stamford, florida. in 2008, florida voted for obama. but he hasn't kept his promises, says romney. unemployment and the national debt are higher than ever before. >> one day away from the first day of a new beginning. my conviction of better days are ahead. it is not based on promises or rheto
to see everybody. thanks for joining us. carol, what are you expecting in 2013 under president obama's policies? >> i'm not expecting anything very good, maria. i think that we're going to end up with some sort of a slow down. i think whatever the compromise that ends up being made under this grand bargain, it's going to be something that ends up hurting unemployment. that being said, i think there's always a tale of two markets. from a broader market standpoint, i expect the market to be hurting. there's always opportunities to be had. >> steve, you have some breaking news earlier. you reported on janet yellen. tell us what that says about where we're headed in terms of economic growth in 2013. >> well, i think it tells us the fed is going to remain as loose as it possibly can through '13, '14, '15, and now even '16. janet yellen saying an optimal policy path, one that stays as close to 2% on inflation and tries to get the unemployment rate down to 6% could mean the fed remains easy through early 2016. by the way, they're thinking of scrapping all of that calendar date guidance thro
is a prolific and wonderful leader. host: thank you so much for joining us today. that is our show for the "washington journal." we will take you now live to the house floor. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] chaplain, father conroy. chaplain conroy: let us pray. eternal god, we give you thanks for giving us another day. we come to the end of a week during which some members of this people's house have come to complete their service in the congress and others have come to prepare for their opportunity to serve this great nation. it is a time of tremendous transition, a time thought with trendation and some uncertainty. send your spirit of peace and calm, let all might have confidence in your faithfulness to us and no matter what lies ahead, your grace is abundantly available. now we approach a week during which all americans will regather to remember who we are , a nation generously blessed not only by you, our god, but by courageous ancestors, faithful allies and the best good wishes of people everywher
you do instead of dealing with the policy issues. we have have a very distinguished member with us, a good friend of all of us, someone who deals seriously with policy issues and is joined us today and that would be january from illinois. >> also i think today of most significance i believe is my role on the intelligence committee. all of us were given a briefing based on emerging information from the intelligence committee . susan rice, i do -- susan rice went on television based on the information that was available at the time and the briefing that she was given information and intelligence that she had no part in collecting. the kind of statement that is anyone who had been given those briefings would have made in public. obviously, this was on an unclassified buys sis but she was given information that she had that has subsequently been updated. it was not wrong or deliberately misleading in any way. there had been the belief that there had been a protest that developed into this attack. so susan rice as the president very clearly said, if anyone has a problem with the intelli
become the first sitting u.s. president to visit burma. he also visited thailand this weekend. today, cambodia, where he will attend a summit. in the meantime, back here in washington, congress takes a weeklong break for the thanksgiving holiday. they will come back as they ponder the fiscal cliff and how to avoid it this week. they will be back next week. lots more headlines and talk this weekend about the future of the republican party as it ponders itself. one headline says romney is digging a deeper hole for the party. we want to hear from republicans only for the first 45 minutes of its monday edition. what do you think the future of your party is, what do you stand for, and what should you stand for moving forward? here are the numbers -- ere's the "washington times" this morning, the governor of louisiana, bobby jindal. the talk continues in the party about what to romney has had to say about why he lost to the president. [video clip] >> first, governor romney is an honorable and exceptional man. i'm proud of campaign reform across the country, but i absolutely reject what he
can do if the u.s. heads into recession because of the fiscal cliff, bernanke says, not much. >> in the worse case scenario, where the economy goes off the broad fiscal cliff, the largest fiscal cliff, which, according the c.b.o. and our analys, would send the u.s. economy into recession, i don't think the fed has the tools to offset that. >> susie: members of the audience agreed. >> he was very frank in saying, you know, "we can try," he essentially said, "we will try, but we don't have anything in our arsenal that comes close." >> susie: bernanke is already using the weapons in his arsenal to fix the job market, which he said today is still "unhealthy". he also repeated the fed's plan to keep interest rates super low at least into 2015. >> we will want to be sure that the recovery is established before we begin to normalize policy. we hope that such assurances will reduce uncertainty and increase confidence among households and businesses. >> susie: but bernanke gave no hints on when americans can expect to see higher rates. >> the further we go down the road, the question
>> sno liebee . >> thank you so much. >> is that it? does everyone clap for us? >> i'm the only clap. >>> thanks for watching "state of the union." i'm candy crowley in washington. head to cnn.com/sotu for analysis. look for us on itunes. "fareed zakaria gps" in next for our viewers in the united states. >> this is gps, the global public square. welcome to all of you in the united states and around the world. i'm fareed zakaria. we have a great show for you. first a rare treat. two great historians on what makes for a successful second term. jon meacham and robert carroll talk about their subjects, thomas jefferson, lyndon johnson, and a bit about barack obama as well. >>> then the conflict in gaza yet again reminds us forget about globalization and information revolution. if you want to understand the world, look at geography. nations are still bound by it, says robert kaplan, who uses maps to show us what to worry about. you won't want to miss this. >>> and the middle class is rising. no, not here in the united states, but right next door in latin america, and it will have hug
could give us a quick reply. guest: the long-term future of the country will depend on a lot of things. the u.s. is taking a lot of steps right now to right the ship. labor may be one of them. taxation may be one of them. there are some estimates that we can be energy self-sufficient in the next 30, 40 years, so maybe that helps. this is a very complex issue. it has to be resolved. there has to be a happy medium there. whether or not it is because these ceos are boring abroad for certain things or not, that is up for debate. i'm certainly not one who will take a position on that because i don't know enough about it to make that call. there are a lot of very smart people out there, who we should respect, they are very good at what they do and they are still debating about what the proper solutions to this is. all right now, this is why we're seeing such a huge amount of debate going on in d.c. and in board rooms across the country. washington, d.c. host: there have been reports that secretary geithner will play a role in these talks. guest: the economic team is in place right now. this
threatened to stop that, he used all his tools of public service to help him win the battle. here are a couple of those tools he had, neil armstrong, tom stafford, part of a bipartisan coalition to put the united states on a path to go into orbit. as a boy who grew up within a mile and a half of the johnson space center, i saw ralph hall make history, that my kids, your kids, can see americans go into space. one more slide. we've all talked about the children earlier this year, because you did that, my kid said, dad, let's jump out of a plane when i turn 18. thank you, mr. chairman, you made a difference in my life and a difference to so many people. mr. smith: i yield two minutes to the gentleman from florida, bill posey. mr. posey: thank you, mr. chairman. i appreciate the opportunity to join with me colleagues in recognizing chairman ralph hall for his tenure as chairman of the house science committee. during his service, he reached acrong the -- across the aisle and forged bipartisan coalitions to support important legislation and no program, in my view, has benefited more if
. closing arguments have ended in a pretrial hearing to determine whether u.s. staff sergeant robert bales will face a court- martial for allegedly slaughtering 16 afghan civilians, including nine children, in march. military prosecutors are seeking the death penalty while defense attorneys have argued that alcohol abuse, drug use, and posttraumatic stress disorder all may have played a key role in fueling his actions. the presiding officer says he'll issue a recommendation on whether to proceed to court martial by the end of the week. deadly fighting in syria reportedly left at least 63 people dead across the country tuesday, including 41 in the capital damascus. syrian tanks continue to shell the palestinian refugee camp which has seen heavy violence this month. france has become the first western country to recognize syria's newly brokered opposition coalition as the sole representative of the syrian people. the coalition was formed over the weekend at a summit in doma. at least 24 people at and killed and more than 100 wounded in a series of bombings across iraq. a multiple explosions
goals. the us bank wealth management advisor can help you. every step of the way. from big steps, to little step since 1863 we've helped guide our clients, so they can take the steps to help grow, preserve, and pass along their wealth. so their footsteps can help the next generation find their own path. all of us serving you. us bank >> tonight in this election, you the american people reminded us that while our road has been hard, our journey has been long, we have picked ourselves up. we have fought our way back, and we know in our hearts that the united states of america, the best is yet to come. stuart: he said it, you heard it. the best is yet to come. how does another term translate for the economy? the president wants take increases on the wealthy and has more leverage to do that so higher taxes as part of any deal on the fiscal cliff. then there is the point. $16 trillion now going to $20 trillion under the president's plan. ed butowksi is with us. do you agree? more taxes, more debt? >> without question. more taxes means less money to grow, less money to grow for small b
improve joins us with reaction. >>> how been a assault rifle under the christmas tree? black friday shopping blows away records for gun sales. one g store rep is here to explain why because i'm not sure i get it. >>> will the keystone xl pipeline make it or not? the final public hearing is just days away. pressure is mounting on president obama to approve the new route. ceo of transcanada is here for a fox business exclusive. even when they say it's not it is always about money melissa: first let's take a look at the day's market headlines. stocks bit it for the second straight day senate majority leader harry reid indicated that little progress has been made in recent fiscal iff talks. big surprise there. so you're welcome, investors. the major intoday sees slid on the news and the dow fell 89 points. >>> shares of green mountain coffee are skyrocketing after-hours. the company solidly beat expectations for fiscal fourth quarter earnings, pointing to strong sales of its k cup coffee & tea packs. >>> apple reportedly fired the manar behind apple maps. iphone software has been widely
to of ever been outbid by the public or are retiring. he is pushing for something like a bridge to get us past the fiscal cliff and into next year. 2013 will be the year for these big deals on entitlements, taxes, and spending. >> the president has invited the leaders to the white house. what else is happening in this coming week that people need to know about? >> the republicans will have their leadership elections. we are expecting that john boehner will remain the speaker and erick cantor will be the number two. there is not any major legislation on the floor of the house that we are expecting. >> the president is speaking again on wednesday on this and other issues. >> and using his post as the election pulpit to start the process. >> absolutely. >> a thank you for being here. an interesting couple weeks ahead for us to watch. >> tomorrow, roger daltrey and pete townshend of the who will talk about their program on childhood and young adult cancer. onid cameron's speech foreign policy at the lord mayor's annual banquet. this will be his third time speaking at a banquet since becoming
. yes, volatility will be with us for a period of time. but we are very constructive when we look at next year on the whole. >> chris, where's the -- >> what are you seeing today? a fractional move now but it's been very much getting rid of winners and selling into any strength in this market ever since the election. >> well, i guess the question i have for chris, where is the volatility? i'm surprised. the vix has collapsed. it's a rare day when you see the vix down 9%. the stock market, dow is only up 18 points? >> this day has a big asterisk attached to it, don't you think? >> yes, but nonetheless when you saw the stuff over the week we understand a lot of people -- i was surprised how many people were arguing maybe it's not a bad thing to go over the fiscal cliff. i think it's a terrible idea. i'm surprised to see the vix down so much. we have options expiration coming up friday. people are taking off when the risk is rising. i find that a little odd. >> michael, your idea is it's not just about the fiscal cliff. apple is a big factor for this market as well, isn't it? >> no q
? that was the first thing i had to work out. the second is what we all know about. how did he come to use the atomic bomb? what was behind the decision now? what's the story about the atomic bomb before he became president and then when the decision was on his desk? it still a controversial story and i wanted to know more about it. >> from his early life through his presidency, looking at the life of harry truman in "citizen soldier" and i don "q&a." >> general less thandunford is currently the second highest rated officer in the marine corps and he is president obama's choice to lead the soldiers in afghanistan. committee chairman carl levin says he hopes to have a vote on the nomination shortly after the thanksgiving recess. german eleven and other committee members also expressed their support for current afghanistan commander john allen who is being investigated for allegedly misconduct relating to the scandal that forced the resignation of cia director david petraeus this is just over 2.5 hours. >> good morning, everybody. we are meeting to consider the nomintation of general joseph dunford, jr
>> tonight, anthony kennedy talks about preserving the u.s. constitution followed by the history of the presidential appointment process. anthony kennedy talks about protecting and preserving the u.s. constitution. from the heritage foundation, this is about an hour. [applause] >> thank you, ladies and gentlemen. it is great for me to be able to join john in welcoming new year to this lecture. this is the fifth annual occasion on which we have had this lecture. the heritage foundation vision is to build an america where freedom, opportunity, prosperity, and civil society flourished. to help achieve this vision, the center launched the preserve the constitution series, which is an annual lecture series to inform and -- inform citizens on topics related to this constitution. the series promotes the protection of individual liberties, property rights, free enterprise, constitutional limits on government. we've been able to feature some of the nation's most respected judges, legal scholars, lawyers, and policy analysts. the marquee event is tonight's program. the namesake of tonight'
of the secret weapons north korean spies use. it's a cnn exclusive you don't want to miss. i'm fredricka whitfield. stay with cnn. "your money" starts right now. >> for months i've warned you about the economic storm, of the dangers of going over the so-called fiscal cliff, the one washington created. it seems with the noise of the campaign behind us, washington is listening, which means that after several months of harping on the dangers that you face, i am ready to make a big switch to telling you about the opportunities that lie ahead. i'm ali velshi and this is "your money." look, the clet of tthreat of th cliff remains real. i will not drop this subject until it's settled. but there is life after washington-induced catastrophe, and frankly, it looks like a pretty good life. if all goes according to plan, 2013 could be a big turnaround year for the u.s. the start of a recovery that feels real. most of it will have very little to do with washington policy, though your state and federal government will have to step in to make it happen. let me explain. first, there is an energy boom un
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